List Price: $950,000 | $103 per sq.ft. Commercial
Space type
Price Change! Reduced by $549,000 down 58% on July 14th 2026

Under Contract Date Listed Monday Feb 10, 2025 | MLS# 5029040


Address: 124 Elm Street Village of Bennington in Town of Bennington VT
Listed by Marek Kovac TPW Real Estate
Description:
An exceptional opportunity to acquire one of Southern Vermont's most versatile commercial properties. Currently known as the South Shire Inn, this landmark Victorian estate offers exceptional flexibility for investors, developers, owner-users, hospitality operators, and entrepreneurs seeking a property with multiple future possibilities. Originally built in 1887 by renowned architect William C. Bull, the beautifully restored property includes nine guest accommodations, elegant common areas, owner's quarters, a detached carriage house with additional guest accommodations, a commercial kitchen, and an established Thai restaurant providing existing rental income. The property's flexible layout and MU1 zoning support a wide variety of permitted commercial and mixed-use applications, including hospitality, restaurant, professional office, event, wellness, residential care, and other investment opportunities, subject to local approvals. Whether a buyer chooses to continue the existing hospitality operation or reposition the property for another permitted use, this offering provides flexibility rarely found in today's market. Ideally located within walking distance of downtown Bennington and centrally positioned between Manchester, Williamstown, and the Berkshires, the property benefits from year-round tourism, recreation, higher education, and cultural attractions. Seller financing and lease-to-own opportunities may be available for qualified buyers.
Sale Includes : Additional Buildings | Equipment | Inventory | Land/Building/Business | Building | Furnishings

Features
Signage: Adequate
Transport Info: City Street | Paved
Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1890
Wood Frame | Wood Exterior | Wood Siding
Price Per SQ.FT. 102.68 No. of Units: 15
Building Size : 9252
Available SQFT : 6388

ExteriorRoof: Architectural Shingle

InteriorBasement: Concrete Floor | Other | Interior Stairs | Unfinished

Land Information

Lot size: 0.47 acres
Zoned: MU1
Flood Zone: No
Road Frontage: 86
Road Frontage: 86
No. of Docks | 0.

UtilitiesUtilities: Telephone Available
AC % | 0.

Additional Information
Docs Available : Deed | Tax Map
Easement - No
Taxes $17,529
Assesed Value Not Reported
Schools

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